POLICY: Tempest in the CEA

On top of all the other economic problems that his Administration faces, President Ford now must find two new members for his three-person Council of Economic Advisers. In a rather unusual move, both Gary L. Seevers, 37, and William J. Fellner, 69, will be leaving the council by April 1. The only member remaining is Chairman Alan Greenspan.

Seevers, an agricultural economist who joined the council as a staffer in 1970, will become the first chairman of the Commodity Futures Trading Commission, a federal agency that will regulate the commodity exchanges. Fellner, a Yale professor emeritus, joined the Council...

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